【Sinon-KY】Announcement regarding the Company's convertible bond due on February 23, 2026, remaining unpaid, and this month's cash budget statement and previous month's cash budget execution status
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Sinon Energy Technology Group Co., Ltd. announced that it failed to repay approximately NTD 1.035 billion in unsecured convertible bonds that matured on February 23, 2026. The company also disclosed its cash budget execution for April 2026 and cash budget for May 2026, indicating its debt default status and future financial plans.